Tag: pre-holiday restocking

China: Spot iron prices hold at $97/dmt as pre-holiday restocking offsets supply pressure

Sep 22, 2026

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by

Adarsh Sahu

in Fines/Lumps

Stagnant futures, cautious mill buying limit price gains Tight mill margins encourage buyers to remain cost-conscious Iron ore fines (Fe 61%) spot prices held steady at $97/dmt CFR China on 21 September 2026, unchanged from 18 September. Prices found support from increased seaborne buying as Chinese steelmakers continued stocking up ahead of the October Golden…